According to Brian White, an analyst at Ticonderoga Securities, Apple is working on a mini version of the iPad which will cost around 250-300 US$. Mini doesn’t necessarily mean that its smaller but instead have lower pricing.

It would help Apple target competitors like the Amazon Kindle Fire. Along with the cheaper “Mini iPad”, Apple would also announce the iPad 3 which will be an upgrade to the iPad 2 and will be priced similarly.

He says that the “Mini iPad” would be launched in Q1 2012 and the iPad 3 in Q2 2012.

Author: Sandeep Sarma

Sandeep Sarma is a blogger and a freelance photographer. Apart from gadgets and phones, he also has a passion for movies and cars. He currently uses the S7 Edge as his main phone. Catch him on twitter at @sandeep9sarma
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